StoneCo Ltd. (STNE) Key Metrics
STNE key metrics, 2016–2025
Fiscal year ended December 31, 2025 · Brazilian reaisSTNE returns How much profit the business earns on the capital it uses.
STNE financial health Debt, liquidity and how easily interest is covered.
STNE efficiency & capital use Working capital cycle and where the cash goes.
STNE returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
STNE debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
STNE cash returned to shareholders
STNE key metrics in Brazilian reais
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 19.7% | −11.5% | 11.6% | −3.9% | −9.6% | 10.5% | 24.4% | 10.8% | −21.8% | −22.6% |
| Return on invested capital (ROIC) | 36.9% | 51.0% | 48.4% | 24.5% | 6.4% | 17.3% | 27.5% | 14.8% | 19.4% | 31.9% |
| Return on assets (ROA) | 4.0% | −2.9% | 3.5% | −1.2% | −3.7% | 4.7% | 8.8% | 3.0% | −2.1% | −3.1% |
| Return on tangible assets | 3.9% | −3.1% | 4.0% | −1.5% | −4.0% | 2.8% | 16.8% | 2.3% | −1.7% | −3.3% |
| Free cash flow margin | −0.2% | −38.4% | 3.8% | 10.7% | 50.4% | −12.6% | −127.7% | −170.1% | −195.1% | −126.8% |
| Income quality (OCF / net income) | 0.29 | — | 1.03 | — | — | 0.07 | −3.30 | −8.02 | — | — |
| Financial health | ||||||||||
| Total debt | R$17.57B | R$12.90B | R$5.52B | R$5.55B | R$8.36B | R$6.08B | R$1.68B | R$2.84B | R$2.08B | R$40.8M |
| Cash & short-term investments | R$5.94B | R$14.55B | R$12.06B | R$8.93B | R$8.84B | R$11.29B | R$970.8M | R$3.07B | R$843.7M | R$237.0M |
| Net debt | R$11.64B | −R$1.66B | −R$6.54B | −R$3.38B | −R$472.8M | −R$5.21B | R$706.2M | −R$231.5M | R$1.24B | −R$196.2M |
| Debt / equity | 1.49 | 1.10 | 0.38 | 0.43 | 0.62 | 0.41 | 1.13 | 0.56 | 4.45 | 0.08 |
| Debt / assets | 0.28 | 0.24 | 0.11 | 0.13 | 0.20 | 0.19 | 0.34 | 0.21 | 0.31 | 0.01 |
| Net debt / EBITDA | 2.04 | −0.25 | −1.07 | −0.80 | −0.35 | −3.27 | 0.48 | −0.30 | 7.13 | −1.59 |
| Current ratio | 1.30 | 1.37 | 1.29 | 1.22 | 1.31 | 2.19 | 1.55 | 2.05 | 1.57 | 1.06 |
| Quick ratio | 1.30 | 1.37 | 1.29 | 1.21 | 1.30 | 2.18 | 1.54 | 2.05 | 1.62 | 1.06 |
| Interest coverage | 3.8 | 5.6 | 7.5 | 3.7 | 1.8 | 4.1 | 3.7 | 2.3 | 1.1 | 0.5 |
| Working capital | R$12.01B | R$12.43B | R$8.32B | R$5.49B | R$7.15B | R$15.89B | R$1.62B | R$6.38B | R$2.18B | R$197.2M |
| Invested capital | R$23.42B | R$10.12B | R$8.09B | R$9.52B | R$13.06B | R$9.65B | R$2.19B | R$4.86B | R$1.71B | R$333.0M |
| Tangible asset value | R$9.84B | R$6.37B | R$5.88B | R$4.32B | R$5.35B | R$13.95B | R$1.39B | R$4.79B | R$248.5M | R$347.5M |
| Net current asset value | R$1.95B | R$2.98B | R$3.13B | R$1.36B | R$1.47B | R$12.52B | R$1.19B | R$4.24B | −R$153.6M | R$67.1M |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | — | — | R$7.83B | R$0 | R$0 | R$0 | R$0 |
| Share buybacks (net) | R$2.93B | R$1.59B | R$292.7M | R$0 | R$988.8M | R$76.4M | R$90,000 | R$142.4M | R$280.8M | R$0 |
| Dividend payout ratio | — | — | — | — | — | 917.1% | 0.0% | 0.0% | — | — |
| Dividends + buybacks / free cash flow | — | — | 66.9% | 0.0% | 42.8% | — | — | — | — | — |
| Capex / revenue | 4.9% | 10.0% | 10.7% | 8.0% | 28.4% | 14.4% | 16.7% | 12.1% | 21.9% | 10.2% |
| Capex / operating cash flow | 104.3% | — | 73.5% | 43.0% | 36.0% | 805.7% | — | — | — | — |
| Capex / depreciation | 0.69 | 1.34 | 1.38 | 0.90 | 2.56 | 1.78 | 2.45 | 2.01 | 2.84 | 1.00 |
| Stock-based compensation / revenue | 2.1% | 1.8% | 2.2% | 2.4% | 2.5% | 1.0% | 1.3% | 3.0% | 18.7% | 12.5% |
| SG&A / revenue | 21.7% | 25.4% | 25.4% | 29.2% | 42.4% | 28.4% | 27.1% | 29.0% | 36.0% | 36.8% |
| Efficiency | ||||||||||
| Days sales outstanding | 967.8 | 796.5 | 739.4 | 844.4 | 1,522.0 | 1,230.5 | 987.1 | 1,729.8 | 2,024.3 | 2,654.5 |
| Days of inventory on hand | — | — | — | 37.9 | 53.2 | 32.6 | 11.4 | -114.0 | -164.3 | — |
| Days payables outstanding | 1,062.5 | 63.9 | 67.9 | 66.2 | 58.9 | 431.5 | 751.4 | 96.6 | 74.5 | 104.7 |
| Cash conversion cycle (days) | -94.6 | 732.6 | 671.5 | 816.1 | 1,516.3 | 831.5 | 247.0 | 1,519.2 | 1,785.6 | 2,549.8 |
| Receivables turnover | 0.38 | 0.46 | 0.49 | 0.43 | 0.24 | 0.30 | 0.37 | 0.21 | 0.18 | 0.14 |
| Payables turnover | 0.34 | 5.71 | 5.37 | 5.51 | 6.20 | 0.85 | 0.49 | 3.78 | 4.90 | 3.49 |
| Inventory turnover | — | — | — | 9.63 | 6.86 | 11.21 | 32.06 | — | — | — |
| Asset turnover | 0.24 | 0.25 | 0.25 | 0.21 | 0.12 | 0.17 | 0.26 | 0.15 | 0.14 | 0.11 |
| Average receivables | R$37.53B | R$27.80B | R$23.02B | R$20.86B | R$19.08B | R$10.68B | R$6.46B | R$7.25B | R$4.11B | R$3.08B |
| Average payables | R$9.80B | R$593.0M | R$555.0M | R$484.3M | R$276.5M | R$910.3M | R$879.0M | R$85.5M | R$45.7M | R$38.2M |
| Average inventory | — | — | — | R$277.3M | R$249.8M | R$68.7M | R$13.3M | −R$100.9M | −R$100.9M | R$0 |
| Intangibles / total assets | 3.2% | 10.0% | 18.1% | 20.4% | 19.7% | 3.3% | 1.9% | 2.3% | 3.5% | 6.2% |
Computed from STNE's annual financial statements (latest annual report filed April 23, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in Brazilian reais; data from EODHD. Averages use the opening and closing balance of each year.
STNE valuation and financial ratios
StoneCo earned a return on equity of 19.7% and a return on invested capital of 36.9% in fiscal 2025. It ended the year with R$17.6 billion of debt and R$5.9 billion in cash and short-term investments, net debt of R$11.6 billion. It returned R$2.9 billion to shareholders: R$0 in dividends and R$2.9 billion in share buybacks.
See the STNE income statement, the STNE chart for price history, or the STNE stock overview for the latest quote and news.
STNE key metrics FAQ
What is StoneCo's return on equity?
StoneCo's return on equity (ROE) was 19.7% in fiscal 2025: net income of R$2.3 billion on average shareholders' equity of R$11.8 billion.
What is StoneCo's ROIC?
StoneCo's return on invested capital was 36.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does StoneCo have?
StoneCo had total debt of R$17.6 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.49 and R$11.6 billion of net debt (2.04 times EBITDA).
Does StoneCo buy back its shares?
Yes. StoneCo spent R$2.9 billion on net share repurchases in fiscal 2025.
What is StoneCo's current ratio?
StoneCo's current ratio was 1.30 at the end of fiscal 2025: current assets were 1.30 times current liabilities.